QQQ vs SAGP
Invesco QQQ Trust, Series 1 vs Strategas Global Policy Opportunities ETF
Which is better, QQQ or SAGP?
Large Cap Growth against Mid Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. SAGP is less concentrated, with 22.2% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QQQ | SAGP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.65% |
| AUM | $483.5B | $80M |
| Dividend Yield | 0.44% | 3.11% |
| Holdings | 107 | 106 |
| YTD Return | +21.71%Best | +4.46% |
| 1Y Return | +25.89%Best | +8.91% |
| 3Y Return (annualized) | +28.80%Best | +16.52% |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 20.9% | 14.6%Best |
| Max Drawdown | -29.6% | -22.9%Best |
| $10,000 over 4.7 years | $22,303Best | $15,071 |
| Top 10 Weight | 46.5% | 22.2%Best |
| Fund Family | Invesco (US) | Strategas Asset Management, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Growth |
| Inception | Mar 10, 1999 | Jan 25, 2022 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Jan 25, 2022 to Sep 25, 2026 (4.7 years).
QQQ vs SAGP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
QQQ vs SAGP Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Strategas Global Policy Opportunities ETF (SAGP) is an ETF from Strategas Asset Management, LLC. Over the past year QQQ returned +25.89% while SAGP returned +8.91%. Year to date, QQQ is up 21.71% versus a gain of 4.46% for SAGP.
Over three years, QQQ compounded at +28.80% per year against +16.52% for SAGP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 14.6% for SAGP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.6% for QQQ and -22.9% for SAGP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SAGP charges 0.65%. On a $10,000 position that is $18 vs $65 annually, a gap of $47 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.11% for SAGP.
Holdings Overlap
3.7% of QQQ's money is in holdings SAGP also owns. 14.2% of SAGP's money is in holdings QQQ also owns.
SAGP and QQQ share little of their money.
7 positions in common, counted across the 102 positions we hold weights for in QQQ and 101 in SAGP, against full books of 107 and 106.
What only one of them owns
Our book lists 70 positions for SAGP that do not appear in our book for QQQ (47.8% of the fund), and 90 for QQQ that do not appear in SAGP (94.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SAGP | Difference |
|---|---|---|---|
| PLTRPalantir Technologies Inc | 1.60% | 2.53% | 0.93% |
| GILDGilead Sciences | 0.72% | 2.13% | 1.41% |
| VRTXNvaesrtex Pharmaceuticals Inc | 0.54% | 1.99% | 1.45% |
| AXONAxon Enterprise Inc | 0.22% | 2.24% | 2.02% |
| DXCMDexcom Inc. | 0.14% | 2.15% | 2.01% |
| TERTeradyne Inc - Common | 0.27% | 1.78% | 1.51% |
| FER:ASFerrovial Se | 0.21% | 1.33% | 1.12% |
You are not choosing between two funds in isolation.
Whichever of QQQ and SAGP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SAGP?
QQQ has an expense ratio of 0.18% while SAGP charges 0.65%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, QQQ or SAGP?
Over the past year QQQ returned +25.89% vs +8.91% for SAGP, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SAGP?
QQQ has been the more volatile fund at 20.9% annualized versus 14.6% for SAGP. Worst drawdown: QQQ -29.6% vs SAGP -22.9%.
Should I hold both QQQ and SAGP?
QQQ and SAGP have a monthly-return correlation of 0.59, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and SAGP?
14.2% of SAGP's money is in holdings QQQ also owns. 14.2% of SAGP's is in holdings QQQ also owns. They hold 7 positions in common, counted across the 102 positions we hold weights for in QQQ and 101 in SAGP.
Which pays a higher dividend, QQQ or SAGP?
QQQ yields 0.44% while SAGP yields 3.11%, so SAGP currently pays the higher dividend yield.
Is SAGP better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. SAGP is less concentrated, with 22.2% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.